Online edition of India's National Newspaper
Tuesday, August 15, 2006
Push for new technology in farming favoured
EAC projects 7.9 per cent growth in current fiscal
Indra Nooyi named global CEO of PepsiCo
She succeeds Steve Reinemund, who retires next May
i-flex solutions to acquire Mantas for $122.6 m
To address trading, broker compliance areas; to allot preferential shares to Oracle Corp.
Sensex gains 121 points
MUMBAI: The Bombay Stock Exchange 30-share sensitive index (Sensex) on Monday notched up 121 points to settle at a three-month high of 11313 on sustained foreign institutional investment inflows and firm Asian advices, even as retail investors ...
Cess bill gets Parliament nod
NEW DELHI: Parliament on Monday approved a bill for abolition of cess on export of farm and dairy products such as butter, cereals, vegetables, fish and pulses with the Rajya Sabha passing it by a voice vote. ...
Base import prices hiked
NEW DELHI: The Central Government on Monday increased the base import prices of crude palm oil and soybean oil. The price of crude palm oil has been hiked to $481 from $447 a tonne, while that of crude soybean oil has been marginally raised to ...
SpiceJet signs $1.1 b aircraft deal
NEW DELHI: Low-cost carrier SpiceJet on Monday said it had signed a $1.1 billion for sale and lease back agreement, covering 16 brand-new Boeing aircraft. The agreement was signed between the airline and Babcock & Brown Aircraft Management ...
FFS buys stake in Asian CERC IT
NEW DELHI: The Ranbaxy group-promoted Fortis Financial Services Ltd (FFSL) on Monday said it would acquire a 28 per cent stake in Asian CERC Information Technology Ltd. ...
`Extend TRAI Chairman's term'
NEW DELHI: The Telecom Regulatory Authority of India Chairman, Nripendra Misra, in a letter to Telecom Minister Dayanidhi Maran, has sought an extension of the tenure of the chairperson and members of the authority from three years to five years ...
BHEL bags power plant contract in U.P.
NEW DELHI: Bharat Heavy Electricals Limited (BHEL) has secured a Rs. 1,224-crore contract for setting up a 500 MW (2 x 250 MW) thermal power plant from the Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited ...
VBC Ind to merge Bharat Alloys with itself
MUMBAI: VBC Industries will merge Bharat Alloys and Energy with itself. The board of directors, at its meeting held recently, approved the draft scheme of merger with a swap ratio of 2:1, the company, engaged in the food processing industry, ...
Strides Arcolab gets first U.S. ANDA approval
MUMBAI: Strides Arcolab has informed the Bombay Stock Exchange that it has received tentative approval from the U.S. Food and Drug Administration for Nevirapine (a key anti-retro viral in the treatment of AIDS) tablets 200 mg. The application ...
Duty exemption sought for synthetic diamonds
TIRUCHI: The Tamil Nadu Synthetic Diamond Manufacturers' Association has urged the Central Government to exempt synthetic diamonds from the customs duty. At present the synthetic diamond manufacturers had to pay customs duty at the rate of 12.75 ...
Adani Exports renamed to Adani Enterprises
NEW DELHI: Adani Exports, the flagship company of the Adani Group, has changed its name to Adani Enterprises, effective from August 10. The Ahmedabad-based company has offices in Singapore, UAE and the U.S. With a long-term vision, The company ...
New CMO for UTI AMC
CHENNAI: Jaideep Bhattacharya has been appointed as the new Chief Marketing Officer (CMO) of UTI Asset Management Company Pvt. Ltd. (UTI AMC). Mr. Bhattacharya has been associated with the financial sector since the last 14 ...
GDA to expand Chennai operations
CHENNAI: GDA Technologies, a San Jose headquartered electronic design services and Silicon Intellectual Property solutions provider for embedded, networking and consumer electronics markets, will invest $5 million in its development centres in ...
Gulf Air wins award from Airbus
CHENNAI: Gulf Air has added one more award to its stack by winning the `operational excellence award' from Airbus. According to a release, the award is bestowed on Gulf Air for its consistent performance throughout 2003 to 2005, amongst all ...
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